Mitsubishi UFJ Trust & Banking Corp Trims Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 2.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 198,660 shares of the scientific and technical instruments company’s stock after selling 4,941 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.11% of Keysight Technologies worth $26,285,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Bradley Foster & Sargent Inc. CT raised its position in Keysight Technologies by 0.4% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 13,421 shares of the scientific and technical instruments company’s stock worth $2,296,000 after buying an additional 57 shares during the last quarter. Snowden Capital Advisors LLC raised its position in Keysight Technologies by 2.9% in the 2nd quarter. Snowden Capital Advisors LLC now owns 2,524 shares of the scientific and technical instruments company’s stock worth $423,000 after buying an additional 71 shares during the last quarter. Putnam Investments LLC raised its position in Keysight Technologies by 0.4% in the 1st quarter. Putnam Investments LLC now owns 19,634 shares of the scientific and technical instruments company’s stock worth $3,170,000 after buying an additional 74 shares during the last quarter. Heartland Bank & Trust Co increased its position in shares of Keysight Technologies by 1.3% during the 3rd quarter. Heartland Bank & Trust Co now owns 6,229 shares of the scientific and technical instruments company’s stock valued at $824,000 after purchasing an additional 81 shares during the last quarter. Finally, Clarius Group LLC increased its position in shares of Keysight Technologies by 3.7% during the 2nd quarter. Clarius Group LLC now owns 2,281 shares of the scientific and technical instruments company’s stock valued at $382,000 after purchasing an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 81.72% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, Director James Cullen sold 4,869 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $146.47, for a total transaction of $713,162.43. Following the completion of the sale, the director now directly owns 20,730 shares of the company’s stock, valued at approximately $3,036,323.10. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Ronald S. Nersesian sold 29,672 shares of the firm’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $159.82, for a total value of $4,742,179.04. Following the completion of the transaction, the director now directly owns 296,619 shares of the company’s stock, valued at $47,405,648.58. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James Cullen sold 4,869 shares of the firm’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $146.47, for a total transaction of $713,162.43. Following the completion of the transaction, the director now directly owns 20,730 shares of the company’s stock, valued at $3,036,323.10. The disclosure for this sale can be found here. Insiders sold a total of 76,402 shares of company stock valued at $11,764,950 in the last three months. 0.60% of the stock is currently owned by corporate insiders.

Keysight Technologies Trading Up 0.2 %

Shares of KEYS opened at $161.52 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.35 and a quick ratio of 1.87. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $189.32. The company has a 50 day simple moving average of $153.85 and a two-hundred day simple moving average of $141.67. The firm has a market cap of $28.21 billion, a P/E ratio of 27.28, a price-to-earnings-growth ratio of 4.50 and a beta of 1.08.

Keysight Technologies (NYSE:KEYSGet Free Report) last announced its quarterly earnings data on Monday, November 20th. The scientific and technical instruments company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $0.12. Keysight Technologies had a net margin of 19.34% and a return on equity of 28.98%. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the firm posted $2.02 EPS. The company’s revenue was down 9.2% on a year-over-year basis. On average, equities analysts expect that Keysight Technologies, Inc. will post 6.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Barclays reduced their price target on shares of Keysight Technologies from $144.00 to $134.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 21st. Citigroup reduced their price target on shares of Keysight Technologies from $174.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, November 13th. Robert W. Baird upped their price target on shares of Keysight Technologies from $155.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, November 21st. Finally, TheStreet raised shares of Keysight Technologies from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $171.18.

View Our Latest Stock Report on Keysight Technologies

Keysight Technologies Company Profile

(Free Report)

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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